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Consumer magazine group, Future Network Plc has announced an increase of 3% in total group revenue for the first quarter of the 2005 financial year, according a trading update released today. The Group’s entertainment titles enjoyed an impressive 17% rise, while games and computing revenues both declined by 1%. Like for like Group revenues, excluding… Continue reading Future Network Sees Good Start To Financial Year

Commercial radio group, Chrysalis, has seen revenues fall by 3% for the period 1st September 2004 until January 2005, compared with a strong first five months of the previous financial year, with like for like revenues increasing by over 21%, according to a company trading update issued today. The Group was hit by the softness… Continue reading Chrysalis Optimistic For 2005, Despite 3% Revenue Fall

Mobile phone company, Vodafone, has said that it expects 10 million people to have signed up to its Vodafone Live! 3G service by March 2006, despite the slow consumer uptake of the third generation technology (3G). In a very upbeat KPI statement for quarter three to December 2004 released this morning, the Group announced an… Continue reading Vodafone Predict 3G Penetration Of 10 Million By 2006

US online adspend ended 2004 poorly, taking in just $648 million in December, confirming industry predictions of a slow but steady 2005 in terms of advertising expenditure. The new estimates, released yesterday by online intelligence experts AdZone Research, reveal that internet adspend for January 2004 totalled $826 million, and then dropped dramatically for December to… Continue reading US Online Adspend Disappointing For End Of 2004

Market penetration of mobile phone ownership has exceeded 100% in the UK, with the number of mobile handsets currently in circulation greater than the UK’s population, according to data published by the Mobile Data Association (MDA). The total is based on the number of contract and prepay subscriptions, purchased over the holiday season and is… Continue reading UK Mobile Phone Penetration Higher Than Population

Only one in six internet users in the US can distinguish between organic search results and paid search adverts, according to a new study published by the Pew Internet & American Life Project. The report finds that web searchers are “incredibly naive”, with only 38% of users being able to tell the difference between relevant… Continue reading US Internet Users Naive About Search Engines

Scottish Radio Holdings (SRH) has issued a positive trading statement to shareholders, for the period October to December, announcing an 11% growth in revenues and a 5% increase in like-for-like revenues. Although the national radio market was challenging in the first quarter, especially during December, SRH reported a strong performance in local radio advertising, with… Continue reading Scottish Radio Holdings Optimistic About 2005

Global advertising company WPP, has won European approval for its $1.5 billion purchase of New York based Grey Global Group, despite industry worries how the merger may affect the market for media buying. The European Commission has today given WPP the go ahead for the acquisition of Grey, clearing the way for Grey shareholders to… Continue reading WPP Approved To Buy Grey

Commercial radio group, Capital Radio plc, has today issued a trading update, saying that the group’s overall revenue has dropped by 4% in the quarter from October to December 2004. The update is reflective of the challenging market conditions faced by the radio industry over the past few months. However, the Group is optimistic that… Continue reading Capital Radio Revenues Down After Slow End Of 2004

Commercial radio group, GWR, has announced a negative trading statement with the Group’s like for like revenues falling by 3% year on year, in the quarter to December 31 2004. The Group was affected by weak trading in the radio advertising market throughout October and November, but boosted by some growth during December. GWR saw… Continue reading Weak Radio Advertising Affects GWR